GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Stewart Information Services Corp (FRA:SIU) » Definitions » E10

Stewart Information Services (FRA:SIU) E10 : €3.67 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Stewart Information Services E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Stewart Information Services's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.101. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stewart Information Services's average E10 Growth Rate was 1.00% per year. During the past 3 years, the average E10 Growth Rate was 17.70% per year. During the past 5 years, the average E10 Growth Rate was 32.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Stewart Information Services was 54.20% per year. The lowest was -291.50% per year. And the median was 17.10% per year.

As of today (2024-05-26), Stewart Information Services's current stock price is €57.50. Stewart Information Services's E10 for the quarter that ended in Mar. 2024 was €3.67. Stewart Information Services's Shiller PE Ratio of today is 15.67.

During the past 13 years, the highest Shiller PE Ratio of Stewart Information Services was 646.80. The lowest was 8.33. And the median was 19.11.


Stewart Information Services E10 Historical Data

The historical data trend for Stewart Information Services's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stewart Information Services E10 Chart

Stewart Information Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.99 3.36 3.84 3.64

Stewart Information Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.66 3.70 3.90 3.64 3.67

Competitive Comparison of Stewart Information Services's E10

For the Insurance - Property & Casualty subindustry, Stewart Information Services's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stewart Information Services's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Stewart Information Services's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Stewart Information Services's Shiller PE Ratio falls into.



Stewart Information Services E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Stewart Information Services's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.101/131.7762*131.7762
=0.101

Current CPI (Mar. 2024) = 131.7762.

Stewart Information Services Quarterly Data

per share eps CPI Adj_EPS
201406 0.199 100.560 0.261
201409 0.753 100.428 0.988
201412 0.397 99.070 0.528
201503 -0.480 99.621 -0.635
201506 0.642 100.684 0.840
201509 -0.517 100.392 -0.679
201512 0.101 99.792 0.133
201603 -0.431 100.470 -0.565
201606 0.436 101.688 0.565
201609 0.998 101.861 1.291
201612 0.673 101.863 0.871
201703 0.159 102.862 0.204
201706 0.703 103.349 0.896
201709 0.386 104.136 0.488
201712 0.537 104.011 0.680
201803 -0.130 105.290 -0.163
201806 0.813 106.317 1.008
201809 0.634 106.507 0.784
201812 0.421 105.998 0.523
201903 -0.257 107.251 -0.316
201906 0.717 108.070 0.874
201909 2.524 108.329 3.070
201912 -0.001 108.420 -0.001
202003 0.199 108.902 0.241
202006 1.279 108.767 1.550
202009 1.876 109.815 2.251
202012 1.825 109.897 2.188
202103 1.688 111.754 1.990
202106 2.905 114.631 3.339
202109 2.771 115.734 3.155
202112 2.761 117.630 3.093
202203 1.916 121.301 2.081
202206 2.138 125.017 2.254
202209 1.091 125.227 1.148
202212 0.463 125.222 0.487
202303 -0.280 127.348 -0.290
202306 0.535 128.729 0.548
202309 0.478 129.860 0.485
202312 0.293 129.419 0.298
202403 0.101 131.776 0.101

Add all the adjusted EPS together and divide 10 will get our e10.


Stewart Information Services  (FRA:SIU) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Stewart Information Services's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=57.50/3.67
=15.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Stewart Information Services was 646.80. The lowest was 8.33. And the median was 19.11.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Stewart Information Services E10 Related Terms

Thank you for viewing the detailed overview of Stewart Information Services's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Stewart Information Services (FRA:SIU) Business Description

Traded in Other Exchanges
Address
1360 Post Oak Boulevard, Suite 100, Houston, TX, USA, 77056
Stewart Information Services Corp is a customer-focused, title insurance and real estate services company offering products and services to home buyers and sellers, mortgage lenders and servicers, attorneys, and home builders. It has three operating segments; Title insurance and related services include the functions of searching, examining, closing, and insuring the condition of the title to real property. It also includes home and personal insurance services, Real estate solutions segment supports the real estate mortgage industry by providing appraisal management services, online notarization and closing solutions, credit, and real estate information services, search and valuation services, and Corporate and Other segment is comprised of the parent holding company.

Stewart Information Services (FRA:SIU) Headlines

No Headlines